Vitalhub (TSE:VHI) Reaches New 12-Month Low – Here’s Why

Vitalhub Corp. (TSE:VHI) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$7.91 and last traded at C$7.93, with a volume of 81640 shares. The stock had previously closed at C$8.10.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Scotiabank reduced their price objective on shares of Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Royal Bank Of Canada cut their price target on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a report on Monday, January 26th. Finally, Stifel Nicolaus set a C$15.00 price target on shares of Vitalhub and gave the company a “buy” rating in a research report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Vitalhub has an average rating of “Buy” and an average target price of C$14.33.

Vitalhub Stock Performance

The company has a market capitalization of C$492.98 million, a P/E ratio of 195.25, a P/E/G ratio of 1.18 and a beta of 0.83. The company has a 50-day simple moving average of C$8.94 and a 200 day simple moving average of C$10.53.

Vitalhub (TSE:VHI) last issued its quarterly earnings results on Thursday, November 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. Vitalhub had a return on equity of 3.01% and a net margin of 5.11%.The company had revenue of C$32.04 million for the quarter. As a group, sell-side analysts forecast that Vitalhub Corp. will post 0.2296467 earnings per share for the current year.

Insider Buying and Selling at Vitalhub

In other Vitalhub news, Director Francis Nelson Shen acquired 148,700 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were bought at an average price of C$9.05 per share, for a total transaction of C$1,345,735.00. Following the completion of the transaction, the director owned 148,700 shares of the company’s stock, valued at approximately C$1,345,735. This represents a ∞ increase in their position. Also, Director Anthony Pius Shen acquired 5,470 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The shares were bought at an average cost of C$9.23 per share, with a total value of C$50,488.10. Following the purchase, the director owned 5,470 shares of the company’s stock, valued at approximately C$50,488.10. This trade represents a ∞ increase in their position. Corporate insiders own 18.57% of the company’s stock.

About Vitalhub

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.